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Bullet Report: NFP Today at 12:30GMT | Gold and Oil in the Spotlight
June 2, 2017 9:48 amVideo
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Serving as a pre-empt for today’s key Non-Farm Payrolls (NFP) data, May’s ADP employment change report had strongly boosted the market’s confidence with a strong number and lifted risk sentiment. With an increase of 253k, the number had significantly exceeded the market’s 180k consensus and jostled US markets higher on Thursday. All eleven sectors on the S&P 500 index were lifted by the positive sentiment following the release, led by the financial, healthcare and materials sectors. Correspondingly, the market withdrew from US treasuries and gold alike.
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Source: Easy Forex Forex.Info
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